Defendant Name:
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Defendant Type:
Subsidiary of Public Company
Document Reference:
34-82382-s
Document Details
Legal Case Name
In the Matter of Merrill Lynch, Pierce, Fenner & Smith Incorporated
Document Name
Merrill Lynch, Pierce, Fenner & Smith Settles SEC Charges that it Failed to Comply with Anti-Money Laundering Laws
Document Date
21-Dec-2017
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
According to the SEC: On December 21, 2017 "Merrill Lynch, Pierce, Fenner & Smith Incorporated (Merrill Lynch), a registered broker-dealer and investment adviser headquartered in New York, New York, agreed to settle charges that it failed to file and timely file Suspicious Activity Reports (SARs) for certain transactions."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Monetary Penalties:
Civil Penalty
Individual:
$13,000,000.00
Shared: